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FOX Business
Dec 23, 2012 10:00pm EST
deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and figure out a passport. he said he is ready and willing to try to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays, and congress is out for the holidays. the president saying that putting pressure began on republicans, house republicans, to least extend tax cuts for the middle class. that would be the step by scratch in transit approach and he is speaking to constituents bac
MSNBC
Dec 30, 2012 5:00am PST
negotiations and john boehner and senate leader are working on a deal this morning to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect. when the president took to the podium friday afternoon to urge the law enforcements to get their act together with he didn't exactly project confidence. >> this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> this may be why the pr
FOX News
Dec 28, 2012 1:00pm PST
. this stock market since president obama and john boehner announced they did have a deal last thursday night, the stock market has been down, down, down. >> it's following every twist and turn in the story. you've got to figure that professional investors are watching and they know it means they're going to have a good quarter, bad quarter, good year or bad and it will impact consumer quarter. it's about the economy and how much money consumers there have. consumer sentiment is down. you found in the street that some people were saying i don't know how much money i'll be out-of-pocket. when they see this and they'll see it in the first paycheck, you'll see less money. i think there will be wall of shame. there's going to be big complaints. >> my gut feeling is nothing would be better than going over the fiscal cliff. it will hurt but five, ten years down the nothing, we'll be better and healthier. we just got news that president obama was going to meet or a phone call meet with some business leaders. >> right. the white house calling c.e.o.s, a regularly scheduled meeting. presumably it's a
MSNBC
Dec 29, 2012 1:00pm PST
john boehner and there was a logic behind that. because getting legislation out of the house is the trickier part of crafting any type of deal. but with the house saying look, we need the senate to do something, the last ditch effort is occurring in the senate right now. i spoke to staffers close to senator mcconnell that said there was optimism on their side yesterday, including from their boss, senator minority leader mitch mcconnell to get a deal. of course, any kind of word in reading from the members themselves will not come until tomorrow, but it's both chris and luke that said in the segment before mine, there is a sense that what might have been optimism yesterday does not exist today. of course, that is what always goes on when you have negotiations. we will see what happens tomorrow. tomorrow will be a very big day. >> the optimism seems to be waning. what does john boehner do if mitch mcconnell and harry reed come to an agreement? >> that is the question if something is done on the senate side, craig, there's been the talk about house republicans as in any majority
CNN
Dec 28, 2012 2:00am PST
connell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed t
MSNBC
Dec 26, 2012 7:00pm PST
that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow what has happened in the past to go on. >> congress has just three business days to pass legislation to avoid going over the fiscal curb. president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republ
FOX Business
Dec 27, 2012 11:00am EST
,000. the president wants us to negotiate. >> that is not true, brad. plan b failed in the house because john boehner has a segment of his party that will not go along with very reasonable -- >> no, no. we will go along with revenue. there has not been any spending reduction on behalf of the american people and the president. we only control one third of government. you guys control two thirds and you have refused to lead through this crisis. >> if there was a bill that would raise taxes on people over $400,000 a year that that would pass? [talking over each other] >> look, a revenue bill would pass provided that it was matched by spending reductions. we will not take from people without giving them the insurance that we are not spending more that we are taking in. liz: thank you. great to be with you both. next up, we have good news on the housing front. the latest word from the commerce department has new-home sales at at the highest level we have seen in more than two years. new single-family home sales increased by 4.4% last month from october. it showed home prices up nearly 7% for this year. th
FOX Business
Dec 26, 2012 11:00pm EST
return from tight to work on the deadlock in d.c. tomorrow. is something he said to speaker john boehner leaving room for compromise? if politicians don't take us over the cliff, will the unions over the cliff, will the unions in what is threatening to strike lead paint poisoning aects one million children today. if you're pregnant or have young children and your home was built before 1978, you could be at risk. learn how to protect your family. to find your home's danger zones, the health effects, or just to find help, log on to leadfreekids.org. read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done
MSNBC
Dec 28, 2012 8:00pm PST
. speaker john boehner's congress is about to take the prize for inaction. this is not a bipartisan problem. as stated by both liberal and conservative analysts, "we have been studying washington politics and congress for more than 40 years, and never have we seen them this dysfunctional in our past writings. we have criticized both parties when we believed it was warranted. today, however, we have no choice but to acknowledge that the core of the problem lies with the republican party." let's not forget that this was also the year that senator mitch mcconnell filibustered his own bill, an act that drew the utter consternation of senator dick durbin. >> so this may be a moment in senate history, when a senator made a proposal, and when given an opportunity for a vote on that proposal, filibustered his own proposal. i think we've now reached a new spot in the history of the senate we've never seen before. i'm going to ask the parliamentaran to really look into this. i don't think this has ever happened before. >> that's not the kind of history you're proud of making. i'm joined by robert rei
MSNBC
Dec 30, 2012 12:00pm PST
. the comments drew a quick response to john boehner who said republicans made every effort to reach the balanced deficit agreement that the president promised the people. we have been responsible and reasonable. the president is the one who has never been able to get to yes. we are learning that the fiscal cliff talks have hit a major setback today. joining us is oklahoma congressman tom cole. what are you hearing? are you hopeful that there is a deal today? >> i am probably the last optimist in washington. all the parties that can make a deal are in town. that is a step in the right direction. there is very serious negotiations going on now between senator mcconnell and leader reed. they have found common ground. i wouldn't be surprised that there are bumps along the way but the senate will get something done and it moves to the house. and what senate would be extraordinary important. >> until now it appeared negotiations centered around a small deal that would likely extend bush tax cuts for all but high earners and extend unemployment benefits for people set to lose them on january 2 and prev
MSNBC
Dec 27, 2012 5:00pm PST
a deal? honestly, no one knows. but one thing is certain. house speaker john boehner and his fellow republicans could no longer weather the incredibly bad optics of sitting at home while the president of the united states and the senate were in washington. president obama arrived back at the white house this morning. the president will host a meeting tomorrow afternoon with senate majority leader reid, senate minority leader mcconnell, speaker boehner, and leader pelosi at the white house. senate majority leader harry reid took to the senate floor this morning to, shall we say, let boehner have it. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll have -- they'll give them 48 hours' notice. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast m
MSNBC
Dec 27, 2012 7:00pm PST
there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >> they did it noing that they are unable to make deals on anything. >> how about complete chaos? >> there ought to be a new rule in congress. >> you cannot create anymore artificial crisis. >> tim geithner wrote a letter to congress. we are going to hit the debt ceiling. it never ends. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can't mamg they are out wherever they r and we are here trying to get something done. >> president obama called leaders last night and tomorrow afternoon we will meet with the speaker and mix mcconnel and harry reid to see if they can av
CBS
Dec 27, 2012 5:30pm PST
, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the face-to-face conversations may fact create the possibility of a breakthrough. but right now the president has no new proposals to give his congressional leaders. he will stick with what he told the nation on friday-- raise income taxes for households earning more than $250,000, extend unemployment benefits for those americans out of work for more than six months, and try to find some other means to avert the fiscal cliff before that deadline, and tomorrow, may give us a glimmer of hope but as i said, the white house does not consider this a breakthrough, but everyone is and will be talking. >> glor: major garrett at the white house. than
FOX News
Dec 27, 2012 6:00am PST
and the senate is coming back. the house is not. house speaker john boehner staying in ohio. he says some contact, but communication is no substitute for senate action. it's all in the senate. >> juliet: all righty. log on to our web site for our after the show show because we're going to be giving you lots of gossip and secrets that you don't hear. >> kelly: really? >> juliet: yeah. >> clayton: that's news. i'll make sure i'm there. gregg: fox news alert. millions at the mercy of mother nature this morning after a massive storms slams the northeast bringing snow, rain, high winds, icy road conditions. more than 50 flights have been canceled today following the grounding of more than 1700 the day before. coming up in minutes we'll go live to anna kooiman live in scranton, pennsylvania where folks are trying to dig out from more than a foot of snow. but first, bad weather making be delaying lawmakers plans to get back to the negotiating table in washington, d.c. good morning, i'm gregg jarrett in "america's newsroom.". patti ann: freight to be with you again, gregg. i'm patti ann browne in for mar
CNN
Dec 30, 2012 5:00am PST
speaker john boehner could face a challenge. also on the agenda changes in committee assignments and possible revisions to house and senate rules. >>> to massachusetts now where heavy snow is pounding the state and bringing with it freezing temperatures. boston could see up to 8 inches of snow today. the city's mayor has already declared a snow emergency. a top priority is getting the roads cleared for public safety. >> my guys live for this, so they're at their best when this kind of weather comes along. they're all geared up. it's like christmas morning for them. >> the neighbors to the south in rhode island are breaking out the shovels this morning. we'll show you that video. about a foot of snow has already fallen in some parts of the state. i know it's wintertime and it's supposed to snow, but these are the big snows so it's always interesting and kind of fun if you're not in it to look at the video. cnn i-reporters have been busy send inning photos. these are from mark ivy in farmersbu farmersburg, indiana. keep those pictures coming. >>> fiscal cliff, debt, and egos. how m
CNN
Dec 30, 2012 12:00pm PST
, at least the public ones, between president obama and john boehner. john bain certificate sort of sitting this one out. it's now harry reid, the senate majority leader, the democrat, and mitch mcconnell, the senate minority leader, the republican and joe biden has been brought in as the guy that you call if things are breaking down right now. so it's, there's an impasse, they're stuck. but something might still be happening. >> he's the master of the senate. he was there for 30-plus years, he knows how to cut a deal. and we heard senator mcconnell say on the floor of the senate, he's looking for a dance partner. i guess he thought senator reid wasn't it so now he's saying i'll try over here with vice president biden. i don't think that he's going get any further with vice president biden on this issue of cpi for example. the white house will not be any more open to that than senator reid was. but if there is a way to get another route forward or if they're all just looking for an angle, maybe they can find another path this afternoon. who knows. >> thank you, jessica you're kind enough no
MSNBC
Dec 27, 2012 3:00pm PST
the president. so mitch mcconnell, speaker john boehner, they have to deal with the fact that president obama was reelected to raise taxes on the top 2% and speaker boehner and the republicans can't get their hands around their caucus, then the blame is on them. >> jarret, what do you think about all of this? you deal with the policy. you deal with the numbers. there has been some offers from the president, even to the chagrin of hi base. how do you make where we are? >> well, listening to the three of you and your introduction, i'm just struck a real low point in american politics over a period when there's been pretty good kovcompetition for the low of the low points. i'm also really kind of moved by the really political malpractice going on. we have an economic recovery on going. >> by the way, you don't really hear people talking about the unemployment rate. you're working to build on the momentum of this recovery. help them prove it so american households can get ahead on their own. through working hard. not through any tax breaks or anything like that. but through getting back to work a
FOX Business
Dec 28, 2012 4:00pm EST
as far as john boehner is concernee. rich edson, thanks very much. shibani? shibani: goldman sachs ceo lloyd blankfein one of the ceo's set to speak with the president in an hour's time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any sort of negotiation on capitol hill as we proceed towards the cliff? >> well, the first thing that the banks would like to see is some, you know, at least some certainty and stability about how we're going to, get through this process and come out the other side. because as we're looking at either cutting spending or raising taxes those have impacts on the economic activity that these banks are going to be participating
CNN
Dec 28, 2012 1:00pm PST
that no republicans block the bill. house speaker john boehner agreed to bring the bill to a vote on the house floor. and leader nancy pelosi with the number of votes needed to pass. >> what folks are looking for and all of us agree on this is action. they want to see that we are focused on them, not focused on our politics here in washington. >> reporter: that was the last time this group met more than a month ago. with time running out to forge a scaled-down compromise, can they agree on even the most basic elements, extending some income tax cuts, preventing pay cuts to medicare providers, fixing the alternative minimum tax. among the options to gain votes, averting an estate tax hike toll woo republicans. there's still time but no room for error. if congress doesn't act -- >> the impact psychologically and financially on americans of another plunge in the negative territory for the economy would be extremely harmful. >> reporter: and candy, as i said, those leaders are still meeting with the president. we'll see if any of them come out and speak to us after that meeting breaks up as soon as we h
FOX News
Dec 30, 2012 9:00am PST
. the president does the best. but we have house speaker john boehner, approval is 26% and harry reid, 34%. doug, who steps up and shows some leadership at this moment? >> well, the president's overall approval rating is pretty high, i think, he is in the mid-50s, about the highest he has been in some time. i think it's going to be, in the short term, it's mcconnell and reid. can it pass the house? that will be up to john boehner's leadership. i think that john boehner wants to get something done. he is a deal maker. but he has 80, 90, 100 members in the caucus who refuse to take yes for an answer, as the president said. so i agreew on the overall issue of the debt. i think that's why the president put forward a plan on a grand bargain to get $4 trillion in deficit reduction, but that wouldn't have been able to pass the house. so, short term, mcconnell and reid, they are dealt makers. they have done this before. long term or over the next two, three, four week, it will be in john boehner's hands with the president doing a lot of prodding. >> i think that speaker boehner -- really it does depend
CNN
Dec 31, 2012 2:00am PST
it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner can accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if earn he's not neutral or favorable, his chances will be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest
FOX News
Dec 29, 2012 3:00am PST
war in a weekend. >> dave: he can get it done but there is still john boehner and the house republicans. i'm not modestly optimistic. anything through the house at this point. >> juliet: like lindsey gram said two days ago when you call a meeting publicly in washington it usually turns out to be the dog and pony show or theater basically. honestly calling at this late hour. they met for an hour. what could really go down in that type of meeting? things can go down but really, it's just at the edge. they waited so long. they all went on their vacations. >> clayton: here are some things on the table to answer those questions perhaps. generalities. we don't know what's been tabled. democrats still strong about this. they say they were, yeah, here is -- take a look at this. keeping tax cuts for those making $250,000 a year or less. we know that's there. that may shift because we are hearing from republicans they may be willing to go as high as $500,000 a year. of the extended. >> dave: that's my guess. >> extending unemployment tax benefits for 2 million folks still unemployed.
MSNBC
Dec 29, 2012 9:00am PST
and then really put the onus on john boehner. and that's one of the ifs and bus about this. of course we're talk about mud night new year's eve, monday into tuesday for the deadline here. the world is not going to come to an end, t.j., if they go into tuesday and have to do it then. but certainly they are under the gun. there's a lot at stake here. a lot of people are shake their heads at the dysfunction. anded to ina today inactivity a u.s. capitol. >> we'll get back to you. >>> i'm going to move onto a conversation about this topic. how much political capital has been lost over these negotiationegotiation negotiations. republican strategy is and democratic strategist and the former national press secretary for the democratic national campaign committee. gentlemen, thank you both for being here. let me start with you though, david. your guy, speaker boehner. >> yes. >> right now. you know what, how's he holding up? is he pretty much out of this thing at this point in terms of trying to hash out a deal? seems like it's in the hands of the senate. >> what the speaker had done, what the house had
FOX Business
Dec 26, 2012 7:00pm EST
are watching john boehner, playing out on a national stage a game i am not sure the national media quite gets ors perhaps even they as astute asst they are, the game of politics they quite get.g this is everything for a lot of people, what do you make of it>i in their attitudes, their demeanor, their personality? >> everybody is trying to beth right, it needs to happen for what is best for our country anm in this country. >> is almost a testosterone contest. it is not about winning for the american people is about winning for the party, i can do it better than you, it has to be who wins, w who loses? >> psychologically it is unsettling because it interferes with their comfort level in terms of spending and feelingf comfortable.th >> i don't think about it, they noticed a game of chicken when it comes to this fiscal cliff. lou: etc. look a except when wet projections. talking about another recession.
FOX Business
Dec 30, 2012 8:00pm EST
their key issue, tax cuts. u: there has been no talk of growth in this economy. john boehner, the republican leadership, those who are leaving the party, there has been no talk there will beno tax hikes. unwilling and unable perhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually hashe effect of shifting some of the responbility to the president read what you thinkre the odds? >> i think he will be held responsible for the economy in 2013 and 2014. you cannot blame george w. bush anymore. they conol the senate. it is their economy for sure. so i think that you're going to sea real problem in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the wy through, not the very top group, , i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said las
NBC
Dec 26, 2012 6:30pm EST
. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation among lawmakers to kick in and realize that if we go past january 1st with no deal, the markets are likely to decline in a significant way and alarm most americans. they don't want to have themselves blamed for that. >> reporter: meanwhile, public pressure is mounting. countdown clocks are springing up, and today starbucks asked employees to begin writing "come together" on coffee cups. now, speaker boehner has not yet called the house back into session. meanwhile, treasury secretary tim geithner told congressional leaders today that the nation has almost reached its borrowing limit. the debate over whether to increase that limit
CNN
Dec 27, 2012 9:00am PST
're going to get something done. we heard from house speaker john boehner earlier today. where is this? clearly it looks like now it's in the senate's hands. >> that's right. it is absolutely in the senate's handings, has been effectively since the house speaker failed to pass his so-called plan b proposal last week. and so what is going on behind the scenes right now, suzanne, is the senate democratic leader is trying to figure out if he can cobable together enough votes, which would mean he would have to have probably significant crossover to get some votes to at least pass the bear bare minimum to ahouseholds with incomes of less than $200,000. >> the speaker has just a few days left to change his mind but i have to be very honest, mr. president. i don't know time-wise how it can happen now. >> so there's a time issue because we're only five days away, but most importantly there's a political and process issue. the political issue we've talkeder this the last few days, suzanne. it's a question of whether or not there's enough lawmakers, willing to take the vote which would effective
CNN
Dec 27, 2012 11:00am PST
harry reid said. a top senate democrat as you know. take a listen. >> john boehner caring more about keeping his speakership than keeping them on financial footing. it's obvious what's going on around here. he is waiting until january 3rd to get reelected to speaker before he gets serious about the negotiation. >> okay. dana, you don't have to translate that. it's about the blame game. >> of course it's all about the blame game. >> digging through, i know you were talking about any scaled back piece of legislation would look like and reports they got from republicans and the president told mitch mcconnell that he would get the details. that's where from the perspective of republicans where things stand. the president publicly said before he left for his vacation in hawaii since everything else was deadlocked, despite everybody's efforts, because of that what he wants to happen is for the very least for congress to pass a tax cut extension for 98% of americans. his plan which he campaigned on for five years. mitch mcconnell spoke to the president as did the other leaders before the pr
CNN
Dec 29, 2012 5:00am PST
no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor and leader nancy pelosi to predict a huge number of democrats needed to pass it. but if that plan falling through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> reporter: the president's basic package has much more for democrats to like. so don't expect that to get very far, but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiatorsoled up on capitol hill. the senate comes back into session at 1:00 on sunday. christi, alison? >>> and the cliffhanger continues. jessica yellin, thanks. >>> and january 1st is the deadline to make a deal on the fiscal cliff. for some states, it's a day that a series of new laws are going to take effect. let me get you clued in here. in california, talking more than 800 new laws, including one requiring apartments and condos to install carbon monoxide detectors. separately, employers will
FOX Business
Dec 26, 2012 11:00am EST
and we are waiting on senate democrats. house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare the laps of the tax cuts would mean the top tax rate would revert back to 39.6 in the clinton administration from 35% now but taxes will also go up for tax rates would go up for lower-income earners. the maximum lowest rate reverting to 15% from 10% and for investors capital gains rates would revert to 20% from 15% and depending on the analysis the average family would pay 2,000 to $4,000 more in taxes next year. dennis: quick follow-up. in terms of profitmaking in washington is now officially impossible to get a fix in place by december 31st? is it
CNN
Dec 27, 2012 8:00am PST
it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-back bill, which is what he campaigned on. raising taxes for everybody making more than $250,000 a year and adding a few other tax-related items in there. maybe spending but it's unclear. the question is whethe
CNN
Dec 30, 2012 3:00am PST
's also a busy day because in washington, the 113th congress is going to be sworn in. john boehner elected to his second term as house speaker. if everybody can play nice and solve the country's problems, not just right now with the fiscal cliff, but in the new year when a whole host of other issues come to visit us. so, with the new year just days away but the change of the calendar year comes lots of changes in state laws. here's what we're going to be looking at, here's a look at what will be legal and illegal in the new year. >> well, alison, some laws made headlines. gay marriage was passed in maryland and maine and the recreational use of marijuana was passed in colorado and washington state. wait, there's more. much more. let's start with the laws that take effect on january 1st. so, in illinois and california, employers may no longer force their employees to post their accounts. speaking of job seekers, let's check out oregon. employers are not allowed to advertise a job listing in that state unless they are willing to hire the unemployed. in iowa, arsenic is banned in chicken feed
FOX Business
Dec 27, 2012 5:00pm EST
to send is something that john boehner can sell to his caucus? >> it needs to be. look there has to be more savings. what the president has talked about is more revenue but the concern is, that if the revenue goes to more spending you haven't solved the deficit and the debt. the real secret to getting this thing working is getting economic growth that generates revenue rather than higher taxes. those are elements that we need to get a deal that works and that's why we think there's chance here if the president will come back with some of those savings in his proposal. adam: but here's, we had an economist on yesterday who has no skin in this game politically which gives her credibility to what she had to say. she said the most dangerous thing we could do to the economic recovery is raise taxes. tte president clearly will not give on that point. he is going to raise taxes. if she's accurate, that the worst thing we could be doing right now. why would republicans give in to that, even if it's on the top 2%? >> what republicans want to do is close loopholes and limit deductions, not
FOX Business
Dec 29, 2012 5:00am EST
to fall for. i don't think anyone will remember mr. mccaul or john boehner's name 10 years from now. the true fact is that they really do want to build a fiscal cliff. they want this revenue is. gerri: to that point, americans will see the impact of this beginning with their first paycheck in january. because social security payroll tax will go back up. we will see the changes coming on immediately. the average american family will pay $3500 each and every year in taxes. that is the people in the middle class. tyler, quickly to you. you know, do you think that republicans are when the case here? you think of the senate, that they would be able to come up with a compromise? >> going over the cliff is the best scenario for republicans. it's not the best scenario for the country. at least if we go over the cliff, anything they agree to look for tax cuts. and i think that could be the scenario that we are looking for. everything that has been done for the past several weeks has been smoke and mirrors anyway. so you know, this is just another day of the same things. and i think you're ri
FOX News
Dec 23, 2012 4:00pm PST
. house speaker john boehner will be back next year and for now, he's thrown the ball into the democrats court and some republicans are saying the president isn't really trying to avoid that fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all of this additional tax revenue for new programs and gets to cut the military which democrats have been calling for for years and he gets to blame the republicans for it. >> and independent senator lieberman saying it's likely that it will pass with no action, harris. >> harris: how soon can we expect negotiations to get back underway. >> not until after christmas. and wednesday, most likely on thursday. president obama on vacation in hawaii until after christmas has insisted taxes on the wealthy be increased aen one of his democratic allies said today that position should come as no surprise to anyone. >> on taxes, i know it's hard for the republicans, but the president ran on that platform, 250, no tax
FOX News
Dec 26, 2012 2:00am PST
in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are no specific time or places on the books for an inperson meaning between the two. something else that remains to be seen is everybody will return to the table with a cooler head which the president shawas hopi for before he went on his family vacation. hoe over do you. >> the fiscal cliff we have been telling you so much about could be devastating for thousands of american businesses and their workers. their new concerns this morning about profits for those companies. lauren simonetti from the fox business network joins us to explain. what's going on? >> the fiscal cliff puts it in jeopardy. many are afraid to invest in
MSNBC
Dec 26, 2012 5:00pm PST
. but the house? a different story. speaker john boehner held a conference call with republican leadership today, and basically decided to do nothing. there are no immediate plans to return to washington. even as that decision is made, how members have 48 hours to get there. house republican leadership released a statement today reading in part, the house has acted on two bills which collectively would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction.
MSNBC
Dec 28, 2012 3:00pm PST
>> is the president setting up house speaker john boehner here for a majority of the house vote? >> that's the real question right now. right now, the focus is on the senate. what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for business
MSNBC
Dec 28, 2012 7:00pm PST
in a trumped up fake scandal that rick santorum and john boehner created in the '90s, a house banking scandal. he lost his career, put on trial, exonerated, but he spent the last 20 years unappreciated. and i think he deserves recognition, joe early. >> phyllis diller. >> they were key makers. >> and rose to fame in the same era, i am very sorry to see go whitney houston. we're going to be back with more of our last word holiday show. ♪ ♪ ♪ phyllis, phyll . >>> welcome back to "the last word," holiday party. our new category is the biggest surprise of 2012. karen finney, what was the biggest surprise of 2012. >> that we were able to call the election around 11:00. >> i actually thought it would happen, by the time we got to california, closing time we would know. >> i really thought it would be a much bigger mess, and i didn't think the president would be able to win without us having a debacle in florida, and thankfully we didn't. >> joy reed, what was the big surprise? >> the big surprise was that mitt romney chose paul ryan as his running mate. he is the right guy? but as a democrat,
CNN
Dec 27, 2012 1:00pm PST
republican-controlled institution in the town and john boehner having control of his republican conference and squeezing something through the house of representatives. and so far i don't think there's been any movement there. there's been nothing public that can suggest that boehner can suddenly magically pass something that he and the white house agree on. >> ryan, you're a correspondent for the new yorker and join us often. dana, let me bring you back in and ask you, it seems to me that anything that this congress has gotten done -- and by "this congress" i mean when it's been divided between republicans in the house and democrats in the senate. it has been that both parties, that is, the left of the democratic party and the right of the republican party are kind of left to vote yay or nay by themselves and they form a consensus in the middle. does john boehner need nancy pelosi in order to get anything passed? >> reporter: yes, absolutely. no question about it. that became incredibly obvious when he couldn't even get his own republicans to effectively save them from themselves and at l
CNN
Dec 27, 2012 2:00am PST
and returned to the house. the senate first must act. now, the house leader john boehner says he will give house members 48 hours before he calls them back. that means the earliest they'll be back is on saturday. so are they just passing the buck to the senate? >> i think that's what's happening in both chambers right now. you saw a return statement from senate majority leader harry reid's spokesman yesterday talking about the incompetence of the house. these two sides are pointing fingers at each other. you have a situation now where these guys are completely confident or at least confident enough that their strategies are the right ones for them that they're not moving off the ball at all. and without any sort of movement, that's why you hear so much pessimism. >> i think part of it is they're afraid of spooking the markets, right? no gop senator wants to sign -- wants to vote for tax increases if the bill's not going to pass. that looks bad to their constituents. and as one democratic source told our dan that bash, this will be the last train we have and there is no sense in it leaving
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